Costco Corp (COST) has remained under persistent downside pressure since June, with price action continuing to respect a well-defined downward channel into year-end. Despite intermittent rebounds, the broader structure has favored sellers, keeping the stock constrained beneath declining trend boundaries.
As extended downtrends mature, risk dynamics begin to shift. When price compression, structural exhaustion, and external data forces start to align, markets often approach periods where directionality becomes increasingly sensitive to timing rather than momentum by itself.
The latest COST analysis applies EquiPredict’s composite framework – a Blue Wave forecast and a leading data driver of price. The Blue Wave is likely to be the “spark” that ignites bullish bias. The leading data driver (orange line) is likely to keep the price from continuing its downtrend behavior when a shift from bears to bulls begins.
To maintain the integrity of our proprietary work, the full forecast chart, including timing windows and projected pathway, remains available exclusively to subscribers.
Chart expands upon click.